<ul><li>Hedge funds are trimming their holdings of the Magnificent Seven stocks, including Apple, Amazon, Tesla, Microsoft, Nvidia, Alphabet, and Meta.</li><li>Instead, they are buying stocks in the healthcare and communication services sectors.</li><li>Hedge funds are also increasing their focus on companies with AI-enabled revenues, such as Salesforce and ServiceNow.</li><li>They are adjusting their holdings to take advantage of potential deregulation beneficiaries and companies exposed to small businesses and domestic sales.</li></ul>

Hedge funds are trimming their Magnificent 7 holdings — here's what they're buying instead

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